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Topic: What's the Point of ICO Escrow? - page 2. (Read 6516 times)

newbie
Activity: 21
Merit: 0
October 25, 2017, 11:08:45 AM
#46
Can anybody give a few examples of recently ended ICOs with escrows?
full member
Activity: 168
Merit: 100
HODL
October 21, 2017, 03:10:45 PM
#45
ICO is better if have Escrow, but cross check Escrows credibility

Escrow will be a good option, if it will be any kind of company which is protected and insured, or kind of organisation. If the escrow is just one person, doesnt metter what is his reputation it is a huge risk. Im not talking only about scam, but somebody could happen with a person, he can be robed, sick, die.. Its absurd that a company (ico), can delegate all finance (sometimes it is millions) to one person! I think this can be idea for a project, to make some kind of decentralised escrow service.
full member
Activity: 462
Merit: 109
October 05, 2017, 07:34:31 PM
#44
ICO is better if have Escrow, but cross check Escrows credibility
full member
Activity: 168
Merit: 100
HODL
October 05, 2017, 06:53:41 PM
#43
Hey guys, is there any company which provides escrow for the ico? Looking for one with a good reputation.
full member
Activity: 420
Merit: 100
October 02, 2017, 09:19:18 PM
#42
The point is Escrow system in ICO (Initial Coin Offering) is working like the third party and by using this system both buyer and seller are free from fraud the system provide the honesty of transactions.
full member
Activity: 562
Merit: 101
October 02, 2017, 08:19:17 PM
#41
Hi all,
did anyone see good example of ICO escrow?

here the thread about escrows
https://bitcointalksearch.org/topic/bitcointalk-escrows-trade-safely-855778

and ICO's without escrow, is bad,,
because with escrow the funds of investors is protected
sr. member
Activity: 1190
Merit: 250
COMBONetwork
October 02, 2017, 08:11:39 PM
#40
So, lets say you've developed a new altcoin and you're going to do an ICO. How does escrow protect coin purchasers? I mean, the dev team is eventually going to get access to the BTC at the end of the crowdsale, at which point they could just steal it all.
I thought it was just an intermediary only. Even though the escrow will give access to the funds of ICO. But it depends on escrow they use usually escrow secure the funds of ICO until they release the coins to investor so they feel secure getting their shares.
sr. member
Activity: 1162
Merit: 252
October 02, 2017, 07:43:41 PM
#39
wish i knew you could escrow a ICO  sigh sigh Cry Cry .Guessing my iCO would have be a success if i did .As the song goes nothing i can do about it now
legendary
Activity: 3150
Merit: 1069
September 29, 2017, 04:44:24 AM
#38
So, the point is when actually escrowed, if the investor gets nothing on their investment, the issuer of token would also get nothing. It surely makes the issuer more serious about the project.
newbie
Activity: 5
Merit: 0
September 29, 2017, 03:28:28 AM
#37
Hi all,
did anyone see good example of ICO escrow?
full member
Activity: 132
Merit: 100
August 21, 2017, 04:14:23 AM
#36
OK, good to know.
Thank you for your opinions!
I am interested in crypto currencies for a while but never give
much interest in ICOs.
The runaway problem as an abuse of this basically good idea what an ICO is for
must indeed be solved to be trustworthy to any investors.
Which escrow services would you recommend for an ICO issuing ERC based tokens
and taking Bitcoin and Ether for this?


legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
August 17, 2017, 12:48:54 PM
#35
So if I would like to Launch an ICO, does it make sense to use a reliable escrow service
or would you say it doesn't matter?

Frankly speaking, I will have more confidence if the ICO has a reliable escrow and funds are released to the development team when each milestones are made. This is usually what I look out for in the white paper.
Good point and these kind of indications which would really make you tell that the project is good and as you said i do have trust and confidence if the funds are being escrowed than on those project who arent using this kind of service since they can anytime ran off with the funds and this is the start on why there are some ICO's do become scam in the end because of such behavior stealing funds since its not being escrowed.
sr. member
Activity: 658
Merit: 256
August 17, 2017, 12:42:53 PM
#34
So if I would like to Launch an ICO, does it make sense to use a reliable escrow service
or would you say it doesn't matter?

Frankly speaking, I will have more confidence if the ICO has a reliable escrow and funds are released to the development team when each milestones are made. This is usually what I look out for in the white paper.
full member
Activity: 132
Merit: 100
August 17, 2017, 12:21:33 PM
#33
So if I would like to Launch an ICO, does it make sense to use a reliable escrow service
or would you say it doesn't matter?
member
Activity: 149
Merit: 25
President of FinTechAssociation
August 16, 2017, 11:49:44 AM
#32
What about DAO's escrow?
newbie
Activity: 39
Merit: 0
July 20, 2017, 09:35:24 PM
#31
ICO's are worthless. If you have such an amazing concept it shouldn't be hard to find actual investors and not some suckers who can put in $2 each from their last rupees.

Hahahaha last rupees haha
sr. member
Activity: 490
Merit: 250
January 20, 2017, 11:43:08 AM
#30
Simple. Protect the investors!

ico escrow is a third person who can be trusted or guarantor agara investors who will join it will believe, that this is not a scam
hero member
Activity: 532
Merit: 500
January 17, 2017, 05:56:25 PM
#29
Simple. Protect the investors!
hero member
Activity: 588
Merit: 541
January 17, 2017, 05:55:21 PM
#28
Moderated threads of announcements means that they don't want people post the truth and scare away their donating investors (if you invest in ICO with moderated thread you are practically donating your money).

Real ICO has any value when dev team are actually presenting an idea which will make money, otherwise escrow or no escrow they are literally selling absolute zero valued string of codes in the name of a token or coin like mass scam and egaas scam and other 99% of all ICOs.

An example of successful and real ICO with a legit money making idea behind it would be Iconomi, just study and research their project to see how it was a success for investors.

Escrows only care for their fees and just act as a trusted third party, they will then release the funds as soon as the dev team says so no matter if the project reached it's goals.
member
Activity: 123
Merit: 10
January 11, 2017, 02:55:17 PM
#27
Coin has to be launched and distributed before devs get funds released.
So i think Escrow is great. At which point anyone cant vote or request the coin to be listed on an exchange.
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